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rowan · 03-22-2010, 05:27 PM

I don't think a low starting price is a good idea for a high value item, unless you sell a lot of them and effectively self insure (ie the 10% of the time that an item sells under cost is made up by the other 90% being profitable)

Remember there's always a chance, however small, that it will sell at 1 cent or whatever you used as the starting price. I've picked up some $0.99 bargains in the past, I was the only bid.

03-22-2010, 05:27 PM
rowan Too lazy to set a custom title Join Date: Mar 2002 Location: Australia Posts: 17,393	I don't think a low starting price is a good idea for a high value item, unless you sell a lot of them and effectively self insure (ie the 10% of the time that an item sells under cost is made up by the other 90% being profitable) Remember there's always a chance, however small, that it will sell at 1 cent or whatever you used as the starting price. I've picked up some $0.99 bargains in the past, I was the only bid.